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November 8, 2009

Welcome to the Seedy Side of Wall Street

Will Hutton, The Observer

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Imagine The Sopranos, The Wire and Gordon Gekko all rolled into one. You don't have to: the FBI has just broken one of the largest-ever insider dealing rings in Wall Street

Imagine The Sopranos, The Wire and Gordon Gekko's Wall Street all rolled into one. You don't have to: the FBI has just broken one of the largest-ever insider dealing rings in Wall Street. It wire-tapped its way into a seedy world of secret tips, kickbacks and disposable, pre-paid mobile phones. A network including staff of New York law firms, hedge funds and share-trading companies, with links extending to top Plcs, investment banks and...

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TAGGED: Wall Street, Federal Bureau of Investigation, Gordon Gekko

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